Inbunden, Engelska, 2015

The Price of Oil

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Beskrivning

Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.

Produktinformation

Utgivningsdatum: 2015-10-26
Mått: 155 x 229 x 20 mm
Vikt: 510 g
Format: Inbunden
Språk: Engelska
Antal sidor: 254
Förlag: Cambridge University Press
ISBN: 9781107110014

Utforska kategorier

Miljöekonomi

Mer om författaren

Roberto F. Aguilera is an adjunct research fellow at Curtin University, Australia, and an associate of Servipetrol Ltd, Canada. He has participated in numerous energy studies, including with the World Petroleum Council, US National Petroleum Council, and UN Expert Group on Resource Classification. Marian Radetzki is Professor of Economics at Luleå University of Technology, Sweden. He has held visiting professorships at Colorado School of Mines, and at Pontificia Catholic University of Chile, researching on minerals and energy. In the 1970s, Professor Radetzki worked as Chief Economist at the International Copper Cartel, and has undertaken numerous consultancies over the years.

Recensioner i media

'This cheerfully iconoclastic analysis of the past, present and future of the petroleum industry makes a compelling read. Whilst some of its conclusions will be undoubtedly challenged as contradicting the conventional wisdom, it carefully sets out their underlying logic and assumptions. That applies as much to the first part that anatomises the behaviour of crude oil prices over the past forty years as to the subsequent discussion of the shale oil revolution and its implications. Although the authors' own views of the future are clear they are careful to stress the uncertainties and are at pains to provide a range of possible futures. The book should be required reading not just for specialists but for all those involved with the petroleum industry and energy policy, however tangentially.' Phillip Crowson, Honorary Professor and Professorial Research Fellow, Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee

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